Fintech company Capitolis today announced the appointment of Amol Naik as Chief Operating Officer (COO), effective May 5.

Reporting to Gil Mandelzis, Founder and Chief Executive Officer of Capitolis, Naik will be responsible for managing the company’s day-to-day operations, driving company-wide execution against the firm’s business strategy.

Naik is a seasoned financial services leader and a builder of world-class teams, bringing over 25 years of experience in strategic, operational, financial, and risk management roles across private and public fintech and global financial services firms.

Most recently, Naik served as COO at Pagaya (NASDAQ:PGY), where he helped build and scale the company through a successful public company transaction. Prior to that, Naik served a 23-year career at Goldman Sachs where he was a Partner. Over the years, he held various global roles in the US, Europe, and APAC, redesigning the firm’s financial resource management process, leading operational strategy efforts, and driving the implementation of major technology initiatives.

Recently, Capitolis has experienced strong business momentum and expansion. The fintech launched a variety of new solutions over the past year, has significantly grown the network of clients leveraging its platform, received additional strategic bank investments, and acquired Capitalab, BGC Group’s Rates Compression and Margin Optimization business, to enter into the Interest Rate space.

“I am thrilled to join Capitolis as we accelerate towards our next phase of growth, building a scalable, sustainable, and robust business,” said Amol Naik. “This is an extremely innovative, agile, and client-driven company. I have been impressed by the people, the investors, and the market opportunity. As COO, I look forward to fostering collaboration, driving results, and delivering solutions to clients in a cohesive way that helps address their challenges.”

Naik received a Bachelor of Engineering from the University of Mumbai as well as a Master of Science in Economics and Master of Business Administration from Iowa State University.